Fashion
Nissan to shut design studios in US and Brazil and downsize London, Japan operations
The Japanese automaker says that the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design operations[BENGALURU] Nissan Motor will close its...
Stocks to watch: Keppel, ComfortDelGro, ASL Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 17): Source link
Asia’s record stock rally may unravel as tariffs bite, funds say
The current levies include 34% on China, 50% on India, 19% on Indonesia and 15% on Japan[SINGAPORE] The record-breaking rally in Asian stocks is set to come under increasing...
China’s Chery Automobile seeks up to HK$9.1 billion in Hong Kong IPO
[HONG KONG] Chery Automobile is seeking to raise as much as HK$9.1 billion (S$1.5 billion) in a Hong Kong initial public offering (IPO), kicking off what’s shaping up to...
Microsoft pledges to invest US$30 billion in UK as Trump visits
Britain ranks among the top countries for private AI investments over the past decade[LONDON] Microsoft announced on Tuesday (Sep 16) a US$30 billion investment in the UK over four...
Nestle ushers in new leadership era as chairman exits early
[ZURICH] Nestle chairman Paul Bulcke will step down early and hand over to former Inditex chief Pablo Isla on Oct 1, accelerating a changing of the guard at the...
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering historically low upside over Treasuries and...
Binance nears deal to escape compliance monitor imposed by DOJ
The Justice Department has not made a final decision on the monitorship, which has a three-year duration[WASHINGTON] Binance Holdings, the world’s largest crypto exchange, is moving towards a potential...
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
[NEW YORK] Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and...
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the run-up to the US Federal Reserve’s...
